Yellow Network has integrated its proprietary Layer-3 clearing network, Yellow Clearnet, with the XRPL EVM Sidechain. This integration aims to increase the liquidity and traceability of real-world assets through high-speed, off-chain learning and settlement.
Yellow Clearnet facilitates real-time, non-custodial, cross-chain trading that occurs off-chain between isolated exchanges and brokerages using state channels. Only the final settlement is recorded on-chain. This approach creates a global, unified pool of liquidity while enabling chains to scale to unprecedented levels.
Understanding the XRPL EVM Sidechain
The XRPL EVM Sidechain is a fast and secure network that allows EVM-compatible applications to operate alongside the XRP Ledger. Peersyst developed this sidechain in collaboration with Ripple and the XRPL community. It connects to the XRP Ledger, a decentralized blockchain, via the Axelar bridge. This connection enables XRP to move natively between the two networks and provides interoperability with over 80 blockchains.
Featuring XRP as its native gas token, faster block times, and low transaction fees, the XRPL EVM Sidechain offers an efficient environment for developing cross-chain DeFi, tokenization, and payments applications.
Synergy Between Yellow Network and XRPL EVM Sidechain
“This is an incredibly exciting development for both Yellow Network and the XRPL EVM Sidechain,” stated Yellow Network Co-Founder Louis Bellet. “XRPL EVM Sidechain provides the foundational rails for the tokenization of real world assets and Yellow Network offers an engine to make those assets truly liquid and tradable.”
Yellow Clearnet is designed as a versatile, independent overlay network capable of integrating with and connecting various blockchains. The XRPL EVM Sidechain is the most recent addition to its growing list of integrations, which already include Ethereum, Polygon, and Binance Smart Chain. Integrations with Solana, Bitcoin, and Polkadot are also planned for the future.
Yellow Network: Infrastructure for Decentralized Finance
Yellow Network is a comprehensive Web3 ecosystem that provides the core infrastructure and developer tools necessary for a new generation of high-performance decentralized finance applications. It was established in 2018 to address the problem of liquidity fragmentation in the cryptocurrency space by connecting isolated parties through state channels. State channels are private, off-chain transaction channels that enable low-fee, trustless, and ultra-high-frequency trading, with only the final settlement recorded on-chain.
The underlying technology is a Layer-3 protocol that supports real-time, non-custodial, cross-chain trading off-chain using state channels, with on-chain recording reserved for final settlements. Building upon this protocol is the Yellow SDK, a comprehensive Software Development Kit offering advanced tools for developers to create sophisticated, user-friendly, and efficient decentralized applications (dApps). Yellow Network's mission is to accelerate the mass adoption of Web3 and foster a more efficient and inclusive financial ecosystem by extending the principles of Bitcoin and Ethereum to everyday life.
Yellow Network has received backing from Ripple Co-Founder Chris Larsen, who led its $10 million seed round in September 2024.